The smart Trick of Information Technology Law in Karachi That Nobody is Discussing

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Rules on conduct: As part of such restrictions, financial institutions have to follow fair and moral enterprise procedures. They protect locations which include anti-money laundering and shopper safety.

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Import and export registration is a vital stage of Worldwide trade, and also to adjust to regulations and rules of your place They're trading with.

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Calls for banking institutions to report check here huge income transactions on the authorities. This aids to avoid the laundering of cash.

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2014 has become a hectic year for us, exactly where Besides our enforcement pursuits we ongoing While using the ambitious activity of in excess of­hauling and reforming our laws and processes as Many of these were being still depending on the Competition Ordinance of 2007, despite the enactment on the Competition Act 2010. In 2014, this reform agenda was in full swing and we ended up in a position to revise the next restrictions:

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